Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 169,157 Liberty Energy Inc. (NYSE:LBRT)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Liberty Energy Inc. (NYSE:LBRT - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 169,157 shares of the company's stock, valued at approximately $3,365,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.10% of Liberty Energy as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in LBRT. Blue Trust Inc. boosted its stake in Liberty Energy by 604.9% in the 4th quarter. Blue Trust Inc. now owns 2,460 shares of the company's stock worth $47,000 after purchasing an additional 2,111 shares during the period. CIBC Private Wealth Group LLC raised its holdings in shares of Liberty Energy by 257.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,197 shares of the company's stock worth $47,000 after acquiring an additional 1,583 shares in the last quarter. Spire Wealth Management purchased a new stake in shares of Liberty Energy during the 4th quarter worth approximately $60,000. Smartleaf Asset Management LLC raised its holdings in shares of Liberty Energy by 176.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,423 shares of the company's stock worth $67,000 after acquiring an additional 2,184 shares in the last quarter. Finally, Lee Danner & Bass Inc. purchased a new stake in shares of Liberty Energy during the 4th quarter worth approximately $99,000. 98.22% of the stock is owned by hedge funds and other institutional investors.

Liberty Energy Trading Up 3.4%

Liberty Energy stock traded up $0.41 during mid-day trading on Friday, hitting $12.33. The company's stock had a trading volume of 1,995,294 shares, compared to its average volume of 2,805,637. The company has a 50 day moving average of $11.84 and a 200-day moving average of $16.03. The stock has a market cap of $2.00 billion, a PE ratio of 6.59 and a beta of 0.71. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.97 and a current ratio of 1.27. Liberty Energy Inc. has a one year low of $9.50 and a one year high of $24.43.

Liberty Energy (NYSE:LBRT - Get Free Report) last issued its earnings results on Wednesday, April 16th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. Liberty Energy had a return on equity of 14.28% and a net margin of 7.32%. The business had revenue of $977.46 million during the quarter, compared to analysts' expectations of $960.64 million. During the same period in the prior year, the business earned $0.48 EPS. On average, research analysts anticipate that Liberty Energy Inc. will post 0.58 EPS for the current year.

Liberty Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend is Friday, June 6th. Liberty Energy's dividend payout ratio (DPR) is presently 21.19%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Cowen reaffirmed a "hold" rating on shares of Liberty Energy in a report on Monday, April 21st. Royal Bank of Canada cut Liberty Energy from an "outperform" rating to a "sector perform" rating and decreased their price objective for the stock from $24.00 to $19.00 in a report on Monday, March 24th. Wells Fargo & Company upped their price objective on Liberty Energy from $11.00 to $12.00 and gave the stock an "equal weight" rating in a report on Thursday. The Goldman Sachs Group decreased their price objective on Liberty Energy from $19.00 to $14.00 and set a "neutral" rating on the stock in a report on Thursday, April 10th. Finally, Barclays decreased their price objective on Liberty Energy from $17.00 to $16.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Eight investment analysts have rated the stock with a hold rating, four have assigned a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $17.23.

About Liberty Energy

Liberty Energy Inc provides hydraulic services and related technologies to onshore oil and natural gas exploration, and production companies in North America. The company offers hydraulic fracturing services, including complementary services, such as wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas (CNG) delivery, data analytics, related goods comprising sand mine operations, and technologies; and well site fueling and logistics.